Portfolio Insights:“Nebraska Wesleyan University (the University) is an accredited private university located in Lincoln, Nebraska, which offers a baccalaureate program in the liberal arts and professions and graduate programs in selected fields of study. The University offers continuing studies programs for nontraditional students at facilities in Lincoln and Omaha. The University reports investments in equity securities with readily determinable fair values and all debt securities at estimated fair value as of the statement of financial position date.

The University’s primary objective is to achieve an acceptable rate of return through appreciation and net investment income over a full market cycle (3 to 5 years) which equals to or exceeds the assumed spending rate plus the rate of inflation. Assets shall be invested to provide for total return.” (Source)

1) Dr. Fred Ohles was named as the sixteenth president of Nebraska Wesleyan University on February 8, 2007. Born in 1953 in Minneapolis, Minn.; raised in Minnesota, Iowa, upstate New York, and Ohio. Theodore Roosevelt High School, Kent, Ohio, 1971; Bachelor of Arts (cum laude), Carleton College, 1975; German Academic Exchange Service Fellowship, Gießen and Marburg, 1977-1979; Doctor of Philosophy in comparative history, Brandeis University, 1981. (Source)

2) Nebraska Wesleyan University is an academic community dedicated to intellectual and personal growth within the context of a liberal arts education and in an environment of Christian concern.

Nebraska Wesleyan was founded by Nebraska Methodists and actively maintains its relation to The United Methodist Church. The University reflects the Judeo Christian tradition in its efforts to integrate questions about meaning and value with the pursuit of learning and understanding.

The University is committed to excellence of academic endeavor and to learning as a lifelong process. The curricula and programs are designed to assist students in gaining and expanding knowledge and skills, in developing their competence in rational thought and communication, in broadening their perspectives on humanity and culture, and in enhancing their spiritual, physical, emotional, and aesthetic resources. (Source)

3) Former students of LaVerne Rudell surprised their beloved professor with an endowed fund in her name during Nebraska Wesleyan University’s sixth annual Business Summit, held March 7.

Rudell, professor emerita of business administration, taught at Nebraska Wesleyan for 30 years from 1966 to 1996.

Earlier this year, former students began an effort to raise funds to establish the Dr. LaVerne C. Rudell Endowment. NWU President Fred Ohles surprised Rudell at the Business Summit luncheon with news that her former students have already contributed more than $30,000 in gifts and pledges to the fund. (Source)

4) One thousand pounds of medical supplies are headed to Haiti thanks to a recent NWU supply drive. The two-week supply drive — led by NWU biology major Jamie Krahn — resulted in 1,000 lbs. of supplies including hand sanitizer, gauze, aspirin, baby bottles and more. “Students may not be able to afford to send money to Haiti,” Krahn said at the start of the supply drive. “But they can buy a box of Band-aids.” The supplies will be delivered to Project CURE in Denver, Colorado, the world’s largest distributor of medical supplies. From there, the medical supplies will be shipped to earthquake-ravaged Haiti. NWU students were first introduced to Project CURE last year when they collected medical supplies from Nebraska hospitals and medical centers and delivered them to the Denver warehouse. (Source)

5) Wood River native Willis Heim and his wife, Joyce, have made a $1 million gift to Nebraska Wesleyan University in Lincoln. Heim is a 1952 alumnus of Nebraska Wesleyan and is retired from Old Northwest Agents Inc. Joyce (Westerhoff) Heim, a native of Seward, is a 1955 alumna. Both have previously supported Wesleyan with annual gifts. The couple now lives in Naples, Fla.

The Heims contributed to the Campus Master Plan project, which will address Nebraska Wesleyan’s needs in areas such as facilities, space and landscaping.

An anonymous cash gift of $100,00 was given to the Campus Master Plan, while the plan also will benefit from a $325,000 gift from Wilbur Miller of Lincoln. Miller, a 1933 graduate of Nebraska Wesleyan, has been a representative of Equitable Life Assurance Society since 1935. (Source)

About Richard C. Wilson

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